Staff Reporter
UnionBank raises $282.5m in fixed rate bonds
UnionBank raises $282.5m in fixed rate bonds
It plans to use the proceeds to extend term liabilities, expand funding base, etcetera.
SMBC becomes strategic partner of TOMODACHI Initiative leadership program
The next program will involve 20 university undergraduate students in Japan.
Kyongnam Bank likely to maintain good funding through 2026: Moody’s
But construction and retail sector loans may be a weakness.
Busan Bank’s asset quality and profitability poised to further weaken: report
It should maintain a strong funding structure thanks to its deposit base, however.
NAB nabs Llyods UK banker as new group chief for digital, data, AI
Pete Steel previously spent 16 years at the Commonwealth Bank of Australia.
Ping An Bank to maintain moderate profitability: Moody’s
Its write-offs and derisking of asset mix will keep asset quality stable.
Thailand’s SCBX names Arak Sutivong as next CEO
Incumbent CEO Arthid Nanthawithaya’s term will conclude on 31 December 2026.
Krungsri and Schneider Electric promote energy efficiency in SMEs
They will develop advanced energy technologies alongside financial solutions in Thailand.
India’s banks poised for growth despite margin and cost pressures
Impaired loans ratio and credit costs for most banks have bottomed, Fitch said.
SCB extends $537.6m credit for SC Asset’s 17 premium housing projects
The bank sees opportunities in high-potential segments in the housing market.
India lowers priority sector lending obligation of small finance banks
It is now just 60% overall, although flexible allocation is now just 20%.
Citi names Nathan Swami as head of markets for Singapore
Smith Smithangura is retiring by the end of June 2025.
Japan’s SMBC invests in biotechnology fund
ANV aims to create global biotech companies of Japanese origin.
Natixis CIB to establish banking branch in Japan
Its Tokyo branch had operated under a money lending license for three years.
Chongqing Rural Commercial Bank to hold steady through 2026
But formation of new bad loans remains a risk to its asset quality.
Thai banks’ earnings expected to drop 9% in Q2 on higher credit costs
Kiatnakin Phatra and SCB X will likely log an increase in credit costs.
ANZ’s group executive for Australia retail is retiring
Maile Carnegie will retire from the role on 1 July 2025.
Thought Leadership Centre
Most Read
1. Mizuho to acquire majority of Upsider’s shares for $309.8m 2. Singapore launches electronic deferred payments to ease cheque phase-out 3. SMBC appoints Joy Kwek to lead capital markets & solutions in APAC 4. NAB invests $55m to upgrade over 100 branches across Australia 5. Airwallex gains capital markets services license in SingaporeResource Center
Read Here
Advertise
Sign Up
Event News
The digital bank was recognised as the Digital Bank of the Year - Hong Kong at the Asian Banking & Finance Retail Banking Awards 2025.
Commentary
What kids without wallets can teach us about the future of finance
What is best practice when setting up an in-house bank?
How technology and regulation are reshaping the lending landscape
Protecting against the mobile Trojan horse in your pocket
Beyond the code: How mobile banking is weaving a new financial narrative in Asia